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Serving the second largest MSA in the United States LOS ANGELES OUTLETS

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Page 1: LOS ANGELES OUTLETS - FFO Real Estate · PDF fileLOS ANGELES OUTLETS | 4 Located at the confluence of four major freeways — Pomona Freeway (60), Interstate 605, Orange (57) Freeway

Serving the second largest MSA in the United States

L O S A N G E L E S

OU T L E T S

Page 2: LOS ANGELES OUTLETS - FFO Real Estate · PDF fileLOS ANGELES OUTLETS | 4 Located at the confluence of four major freeways — Pomona Freeway (60), Interstate 605, Orange (57) Freeway

L O S A N G E L E S O U T L E T S | 21 | L O S A N G E L E S O U T L E T S

O P P O R T U N I T Y O V E R V I E W

S E R V I N G T H E S E C O N D L A R G E S T M S A I N T H E U N I T E D S TAT E S , L O S A N G E L E S O U T L E T S I S A P L A N N E D

4 0 0 , 0 0 0 S Q U A R E F O O T O U T L E T C E N T E R P R O J E C T S L AT E D T O O P E N I N 2 0 1 7. U P O N I T S C O M P L E T I O N ,

L O S A N G E L E S O U T L E T S W I L L F E AT U R E A P P R O X I M AT E LY 9 0 D E S I G N E R A N D B R A N D N A M E S T H AT W I L L

C AT E R T O A D E N S E A N D A F F L U E N T P E R M A N E N T P O P U L AT I O N B A S E A L O N G W I T H N E A R LY 7 0 M I L L I O N

P E O P L E W H O V I S I T T H E L O S A N G E L E S A N D A N A H E I M R E G I O N S O N A N A N N U A L B A S I S .

The Los Angeles marketplace is driven by economic business sectors including international trade, entertainment, aerospace,

technology, petroleum, fashion, apparel and tourism. Regionally, the San Gabriel Valley boasts an ethnically diverse population

of more than two million and includes such communities as City of Industry, Pasadena, Arcadia, Walnut, Diamond Bar, West

Covina and San Marino. Specifically, City of Industry businesses enjoy no business tax. It is the headquarters for companies

including Williams Sonoma, Yum! Brands, Fed Ex, Tropicana, Hot Topic, Alta Dena, CSC Enterprise Corp., Newegg.com and

Metro United Bank, among many more. City of Industry is also a popular investment area for Chinese businessmen and has

emerged as a high-tech import/export center.

L O S A N G E L E S

OU T L E T S

Page 3: LOS ANGELES OUTLETS - FFO Real Estate · PDF fileLOS ANGELES OUTLETS | 4 Located at the confluence of four major freeways — Pomona Freeway (60), Interstate 605, Orange (57) Freeway

L O S A N G E L E S O U T L E T S | 4

Located at the confluence of four major freeways — Pomona Freeway (60), Interstate 605, Orange (57) Freeway

and State Route 71 - which link the residents of Los Angeles, Orange and San Bernardino Counties

The outlet center will sit on Pomona Freeway (60) and Grand Avenue, one of the five most travelled road

segments in the U.S.

The Pomona Freeway (60) sees 349,000 cars per day while Grand Avenue sees 38,000 cars per day

Excellent visibility from Pomona Freeway (60)

Less than 30 miles away from Anaheim ( 13), Irvine (23), Los Angeles (24) and Long Beach (27)

Approximately 19 miles from Los Angeles International Airport (LAX)

A G R O U N D - U P, 4 0 0 , 0 0 0 S Q U A R E F O O T

P R O J E C T, L O S A N G E L E S O U T L E T S W I L L

S E R V E A P E R M A N E N T P O P U L A T I O N

O F 1 7 M I L L I O N E A R N I N G A N A V E R A G E

H O U S E H O L D I N C O M E O F M O R E T H A N

$ 8 2 , 0 0 0 W I T H I N A 6 0 - M I L E R A D I U S .

F A C T S & F U N D A M E N T A L S

More than 17 million reside less than 60 miles from the property

Average annual household income equates to more than $82,000 within a 60-mile radius

Los Angeles and Anaheim host nearly 70 million tourists annually

Major employers within 30 miles of the site include Kaiser Permanente, Bank of America, Cedars-Sinai

Medical Center, Boeing Co. and Walt Disney, among many more

Nearly 566,000 students attend 16 colleges and universities, including UCLA, the University of Southern

California and Cal State Fullerton, all located within 40 miles of the site

Los Angeles is home to the third largest Chinese-American population in the nation

PRIME LOCATION

DENSE & AFFLUENT DEMOGRAPHICS

Page 4: LOS ANGELES OUTLETS - FFO Real Estate · PDF fileLOS ANGELES OUTLETS | 4 Located at the confluence of four major freeways — Pomona Freeway (60), Interstate 605, Orange (57) Freeway

5 | L O S A N G E L E S O U T L E T S L O S A N G E L E S O U T L E T S | 6

S TAT I S T I C S 5 M I L E S 1 0 M I L E S 30 MILES 60 MILES

P O P U L AT I O N 263,000 1,367,000 10,765,000 17,360,000

HOUSEHOLDS 75,400 400,300 3,325,200 5,631,100

HOUSEHOLDS WITH CHILDREN 42.9% 42.6% 40.6% 38.5%

MEDIAN AGE 37.5 36.1 34.8 35.3

AVERAGE HH INCOME $93,690 $85,680 $77,640 $82,600

DEM

OGRA

PHIC

SL O C A T I O N & D E M O G R A P H I C S

L O S A N G E L E S

OU T L E T S

LOS ANGELESOUTLETS

57 ORANGEORANGE FWY.

57

60

60POMONA FWY.

Grand Ave.

Baker Pkwy.

349,000 CPDOutlet Ln. LOS ANGELES

OUTLETS

57 ORANGEORANGE FWY.

57

60

60POMONA FWY.

Grand Ave.

Baker Pkwy.

349,000 CPD

Outlet Ln.

Brea Canyon Rd.

DOWNTOWN LA

PACIFIC OCEAN

LOS ANGELESOUTLETS

57

ORANGE

ORANGE FWY.

57

60

60

PO

MO

NA

FW

Y.

Grand Ave.

Baker Pkwy.

Valley Blvd.

349,000 CPD

Outlet Ln.

E A S T V I E W

W E S T V I E W

Page 5: LOS ANGELES OUTLETS - FFO Real Estate · PDF fileLOS ANGELES OUTLETS | 4 Located at the confluence of four major freeways — Pomona Freeway (60), Interstate 605, Orange (57) Freeway

L O S A N G E L E S O U T L E T S | 87 | L O S A N G E L E S O U T L E T S

C E N T E R O W N E R S T R A I G H T D I S TA N C E ( M I L E S )

D R I V I N G D I S TA N C E ( M I L E S )

K E Y T E N A N T S

SHOPPES AT CHINO HILLS PM Realty 5.5 6.9Banana Republic, Victoria’s Secret, LOFT, H&M

PUENTE HILLS MALLGlimcher Realty

Trust6 7.5

Macy’s, Sears, Old Navy, Forever 21, H&M

CHINO SPECTRUM & TOWN CENTER

Vestar Corp. 6.5 8.2Target, Kohl’s, Marshall’s, TJ Maxx, Old Navy, Best Buy

PLAZA WEST COVINAStarwood Retail

Properties7.5 9.8

Macy’s, JCPenney, Sears, H&M

BREA MALL Simon 8 8.8Macy’s, Nordstrom, JCPenney, Sears

MONTCLAIR PLAZA CIM 9 12.2Macy’s, Nordstrom, JCPenney, Sears

C E N T E R O W N E R S T R A I G H T D I S TA N C E ( M I L E S )

D R I V I N G D I S TA N C E ( M I L E S )

T O TA L S T O R E S

THE OUTLETS AT ORANGE Simon 16.5 19 110

ONTARIO MILLS Simon 17 20.3 190

CITADEL OUTLETS Craig Realty 19 24.7 125

CABAZON OUTLETS Craig Realty 59 67.5 18

DESERT HILLS OUTLETS Simon 59 66.7 180

S H O P P I N G C E N T E R S W I T H I N 1 0 M I L E S

O U T L E T C E N T E R S W I T H I N 6 0 M I L E S

C O M P E T I T I O N

FPO605

Port ofLong Beach

Port ofLos Angeles

BURBANK

PALOSVERDES

HOLLYWOOD

LAGUNAHILLS

IRVINE

THE CITADELPUENTE HILLS MALL

BREA MALL

MONTCLAIR PLAZAWESTFIELD WEST COVINA

CHINO SPECTRUMSHOPPES AT CHINO HILLS

THE BLOCK AT ORANGE

ONTARIO MILLS

DESERT HILLS PREMIUM OUTLETS

CABAZON OUTLETS

LAKE ELSINORE OUTLETS

15

215

215

1010

210

710

5105

110

405

10

5

101

101

47

405

91

57

71

91

134

60

15

5133

55

22

60LOS ANGELES

OUTLETS

Page 6: LOS ANGELES OUTLETS - FFO Real Estate · PDF fileLOS ANGELES OUTLETS | 4 Located at the confluence of four major freeways — Pomona Freeway (60), Interstate 605, Orange (57) Freeway

9 | L O S A N G E L E S O U T L E T S L O S A N G E L E S O U T L E T S | 10

T O U R I S M

The City of Los Angeles holds many distinctions.

Los Angeles is the entertainment capital of the world,

a cultural mecca boasting more than 100 museums and

a paradise of good weather.

TOURISM STATISTICS

Total Visitors to Los Angeles County 44.2 million

Domestic Overnight Visitors 23 million

International Visitors 6.5 million

Day Visitors (traveled over 50 miles) 14.7 million

Total Visitor Direct Spending $19.6 billion

Total Economic Impact $14.7 billion

ACCOMODATIONS

As the fifth largest hotel market in the U.S., Los Angeles

offers 994 hotels with more than 97,818 hotel rooms.

AIR TRANSPORTATON

Los Angeles World Airports (LAWA) is a unique system

of three airports owned and operated by the City of

Los Angeles and welcomes over 78.6 million passengers

annually. As the gateway to the West Coast and the

No. 1 international gateway to Asia/Pacific, Los Angeles

International Airport (LAX) offers direct flights from

85 domestic cities and 67 international destinations.

LAX is the fifth busiest passenger airport in the world.

BEACHES

The 75-mile Los Angeles County coastline is home to

Southern California’s greatest beaches, stretching from

Malibu to Long Beach.

ARTS AND CULTURE

With various museums and exhibits, Los Angeles is full

of inspiring art and diverse cultural experiences. In fact,

Los Angeles has more museums and theatres than any

other city in the U.S., making it the perfect place to be

immersed in arts and culture. Los Angeles is home to 105

museums and 225 theaters.

ATTRACTIONS

Some of the world’s best-known and most iconic

landmarks and attractions call Los Angeles home:

the Hollywood Sign; Griffith Observatory; the Getty

Center; the Walt Disney Concert Hall at the Music

Center in Downtown L.A.; the Hollywood Walk of Fame;

the TCL Chinese Theatre; Space Shuttle Endeavour at

the California Science Center; the Battleship USS Iowa

located at the Port of Los Angeles in San Pedro; Air Force

One at the Ronald Regan Library; and Universal Studios

Hollywood.

T H E L O S A N G E L E S A N D A N A H E I M R E G I O N S A T T R A C T M O R E T H A N 7 0 M I L L I O N V I S I T O R S A N N U A L L Y .

Page 7: LOS ANGELES OUTLETS - FFO Real Estate · PDF fileLOS ANGELES OUTLETS | 4 Located at the confluence of four major freeways — Pomona Freeway (60), Interstate 605, Orange (57) Freeway

L O S A N G E L E S O U T L E T S | 1211 | L O S A N G E L E S O U T L E T S

Strategy +Style Marketing Group is a consulting, marketing and advertising group bringing more

than 25 years of domestic and international experience to traditional retailers, outlet center venues,

shopping center ownership entities and developers. Specializing in traditional advertising, public relations,

interactive/digital media and tourism marketing, the firm works with industry leaders such as KKR,

Garrison Investment Group, The Woodmont Company, Paragon Outlets and Helzberg Diamonds

(a wholly-owned subsidiary of Berkshire Hathaway, Inc.). among others, to set and achieve business

milestones, always focusing on increasing market share in a creative, innovative way. For more information

please visit www.strategyplusstyle.com.

FFO Realty is a full-service real estate leasing and development advisory firm based in Baltimore,

Maryland. The company partners with developers and owners to provide project-based support in

all facets of the development process, from site selection and leasing through to project completion

and asset management. With more than 50 years of experience among the company’s principals,

FFO Realty brings together the talents and versatile experience of four former Prime Retail leasing

executives with a proven track record of leasing production and project development success.

For more information please visit www.fforealty.com.

Founded in 1948, Majestic Realty Co. is a fully-integrated development, leasing, construction and

management company with offices in five states, and a team of more than 200 professionals. The Majestic

Realty Co. portfolio consists of approximately 72 million square feet and includes industrial, retail, office,

hospitality and entertainment facilities. Visit www.majesticrealty.com for more information.

L O S A N G E L E SO U T L E T S T E A M

Page 8: LOS ANGELES OUTLETS - FFO Real Estate · PDF fileLOS ANGELES OUTLETS | 4 Located at the confluence of four major freeways — Pomona Freeway (60), Interstate 605, Orange (57) Freeway

L E A S I N G I N F O R M A T I O N

PHONE: 410.779.1284

SCOTT FISHER • FFO Realty

email: [email protected]

SCOTT FERGUSON • FFO Realty

email: [email protected]

L O S A N G E L E S

OU T L E T S